Brokerages Set Douglas Emmett, Inc. (NYSE:DEI) PT at $12.94

Douglas Emmett, Inc. (NYSE:DEI) has been assigned an average recommendation of “Hold” from the ten research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $12.9375.

Several research analysts have recently issued reports on the stock. UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Scotiabank lowered their price target on shares of Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Piper Sandler lowered their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Weiss Ratings cut shares of Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $11.00 target price on shares of Douglas Emmett in a report on Monday, January 5th.

Institutional Trading of Douglas Emmett

Institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings in Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,166 shares during the period. Westside Investment Management Inc. grew its holdings in Douglas Emmett by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 920 shares during the period. Advisory Services Network LLC acquired a new stake in Douglas Emmett during the 3rd quarter worth $32,000. Hantz Financial Services Inc. grew its holdings in Douglas Emmett by 448.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 2,143 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Douglas Emmett by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 1,226 shares during the period. Institutional investors and hedge funds own 97.37% of the company’s stock.

Douglas Emmett Stock Performance

Shares of Douglas Emmett stock opened at $10.73 on Wednesday. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33. The firm has a market cap of $1.80 billion, a P/E ratio of 119.18, a P/E/G ratio of 4.73 and a beta of 1.11. The firm has a 50 day simple moving average of $9.89 and a 200 day simple moving average of $11.13. Douglas Emmett has a fifty-two week low of $9.04 and a fifty-two week high of $16.99.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $249.43 million during the quarter, compared to analyst estimates of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. Douglas Emmett’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. Sell-side analysts predict that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend was Tuesday, March 31st. Douglas Emmett’s payout ratio is currently 844.44%.

Douglas Emmett Company Profile

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high?quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long?term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.